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H. Rept. 116-171 1 (2019-07-23)

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                   116TH CONGRESS                                       REPORT
                      1st Session    HOUSE OF REPRESENTATIVES           116-171







                        SMALL BUSINESS REORGANIZATION ACT OF 2019



                     JULY 23, 2019.-Committed to the Committee of the Whole House on the State of
                                      the Union and ordered to be printed



                           Mr. NADLER, from the Committee on the Judiciary,
                                        submitted the following


                                           REPORT

                                           [To accompany H.R. 3311]

                     The Committee on the Judiciary, to whom was referred the bill
                   (H.R. 3311) to amend chapter 11 of title 11, United States Code,
                   to address reorganization of small businesses, and for other pur-
                   poses, having considered the same, report favorably thereon with-
                   out amendment and recommend that the bill do pass.

                                               CONTENTS
                                                                                 Page
                   P urpose  an d  Sum m ary  ...........................................................................................  1
                   Background and  Need  for  the  Legislation  ............................................................  2
                   H e arin g s  ...................................................................................................................  4
                   C om m ittee  C onsideration  .......................................................................................  5
                   C om m ittee  V otes  ......................................................................................................  5
                   Com m ittee  Oversight  Findings  ...............................................................................  5
                   New Budget Authority and Tax Expenditures and Congressional Budget Of-
                     fice  C ost  E stim ate  ...............................................................................................  5
                   Duplication  of  Federal Program s  ...........................................................................  5
                   Perform ance  Goals  and  Objectives  ........................................................................  5
                   A dvisory  on  E arm ark s  ............................................................................................ .  6
                   Section-by-Section  A nalysis   ....................................................................................  6
                   Changes in Existing Law Made by the Bill, as Reported .....................................  9

                                        Purpose and Summary

                     H.R. 3311, the Small Business Reorganization Act of 2019,
                   would streamline the bankruptcy process by which small busi-
                   nesses debtors reorganize and rehabilitate their financial affairs.
                   This bipartisan measure was introduced by Representative Ben
                   Cline (R-VA) together with Antitrust, Commercial, and Adminis-
                   trative Law Subcommittee (ACAL Subcommittee) Chairman David
                   N. Cicilline (D-RI), Full Committee Ranking Member Doug Collins
                   (R-GA) and Representative Steve Cohen (D-TN) as original co-
                       89-006

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